Raymond James Financial RJF Business Segments
| Q2 '26 | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | ||
|---|---|---|---|---|---|---|
| Revenues, Net of Interest Expense by Business | ||||||
| Asset Management | $327M+0.3% | $326M+3.8% | $314M+7.9% | $291M+0.7% | $289M-1.7% | |
| Capital Markets | $464M+22.1% | $380M-25.9% | $513M+34.6% | $381M-3.8% | $396M-17.5% | |
| Private Client Group | $2.81B+1.5% | $2.77B+4.1% | $2.66B+6.9% | $2.49B+0.1% | $2.49B-2.4% | |
| Revenue by Product | ||||||
| Affordable housing investments business revenues | $28M-9.7% | $31M-46.6% | $58M+75.8% | $33M+65.0% | $20M-31.0% | |
| Asset management and related administrative fees | $2.02B+0.9% | $2B+6.5% | $1.88B+8.3% | $1.73B+0.5% | $1.73B-1.0% | |
| Brokerage Revenue, Securities Commissions, Mutual And Other Fund Products | $178M+6.6% | $167M+6.4% | $157M+6.1% | $148M-4.5% | $155M+0.6% | |
| Client account and other fees | $63M+3.3% | $61M+8.9% | $56M-11.1% | $63M+6.8% | $59M-13.2% | |
| Debt underwriting | $77M+54.0% | $50M-49.0% | $98M+63.3% | $60M+27.7% | $47M-16.1% | |
| Equities, exchange-traded funds (“ETFs”) and fixed income products | $197M+5.3% | $187M+10.7% | $169M+9.7% | $154M-3.1% | $159M-5.4% | |
| Equity underwriting | $63M+61.5% | $39M-29.1% | $55M+17.0% | $47M+17.5% | $40M-7.0% | |
| Insurance and annuity products | $132M0.0% | $132M-10.2% | $147M+14.0% | $129M+10.3% | $117M-0.8% | |
| Merger & acquisition and advisory | $139M+16.8% | $119M-27.0% | $163M+55.2% | $105M-18.6% | $129M-42.9% | |
| Mutual fund and other investment products | $155M+6.2% | $146M— | —— | —— | $132M+1.5% | |
| RJBDP fees | -$189M0.0% | -$189M+1.6% | -$192M+1.5% | -$195M-5.4% | -$185M+1.6% | |
| Revenues, Net of Interest Expense by Geography | ||||||
| Canada | $191M+3.2% | $185M+8.2% | $171M+14.8% | $149M-7.5% | $161M-1.8% | |
| Europe | $140M-0.7% | $141M+8.5% | $130M-8.5% | $142M+12.7% | $126M-16.6% | |
| U.S. | $3.53B+3.5% | $3.41B-0.5% | $3.43B+10.3% | $3.11B-0.3% | $3.12B-3.3% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Raymond James Financial break its business down?
- Raymond James Financial (RJF) reports revenues, net of interest expense by business across 3 parts — Asset Management, Capital Markets and Private Client Group. Each is extracted from the segment footnotes and tracked over time.
- Where does Raymond James Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Raymond James Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
